NNPCL can’t fix petrol prices anymore, market forces to now determine prices

The NNPC Ltd. says foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit, PMS, occasioned by unrestricted free market forces. According to the national oil company, this is provided for in the Petroleum Industry Act (PIA 2021). Adedapo Segun, the Executive Vice President, Downstream, NNPC Ltd., […]

The post NNPCL can’t fix petrol prices anymore, market forces to now determine prices — Official appeared first on Daily Nigerian.

Post Views: 13

Latest from Blog

Watch Jason Kelce get cursed at by angry, screaming fan

Jason Kelce stayed calm, cool and collected when confronted by an angry fan after filming a “Jimmy Kimmel Live!” interview. The former Philadelphia Eagles center walked past autograph seekers as he left Los

Jake Paul was blindsided by Mike Tyson’s post that he ‘almost died’ before fight

Jake Paul and his team weren’t made aware of the severity of Mike Tyson’s health issues prior to their fight, according to his business partner, Nakisa Bidarian. Post Views: 0

Review nomination of INEC national commissioners, CSO urges Senate

Tribune Online Review nomination of INEC national commissioners, CSO urges Senate Peering Advocacy and Advancement Center in Africa (PAACA) has called on the Senate to uphold federal character in the latest nominations

‘Political tremor looms’, Primate Ayodele warns African leaders

Tribune Online ‘Political tremor looms’, Primate Ayodele warns African leaders The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has sent stern warnings to some presidents in the African continent. In

Okoye ‘happy’ to be back in Super Eagles despite conceding twice against Rwanda

Despite conceding twice against Rwanda in the Africa Cup of Nations (AFCON) qualifier, Super Eagles goalkeeper Maduka Okoye has expressed his happiness on returning to the team. Okoye, who last played for

The New Global Media (NGM) is a news reporting, entertainment, business, sports, social ethics, and civic education talk show platform where information and issues are shared and discussed. New Global Media is a reliable, dependable, and authentic media platform and has tasked itself with delivering news, current affairs, and social and political commentary about emerging issues worldwide. This Media is a powerful tool for changing mindsets, setting the agenda, and thus, conscientizing its audience on emerging trends worldwide and how they can affect the masses regarding their reflection and understanding of everyday issues. Be part of the efforts to help change lives worldwide by educating, informing, and sensitizing the public. Your support, encouragement, and participation in this noble journey to spread the word of peace, love, respect, accountability, and information would make a difference in people’s lives! NGM has professional staff sustained by advertisements from credible individuals and institutions. The Media hosts a Social Ethics & Civic Education Live Talk Show on local and global issues every Sunday at noon Eastern Standard Time / 5 pm GMT. Stay tuned & watch on Facebook live!

Go toTop

Advertisement

NNPCL can’t fix petrol prices anymore, market forces to now determine prices — Official

Leave a Reply Cancel reply

Jessica Pegula uses stirring comeback to reach US Open final

Petrol price hike: Nigerians groan, lament government’s insensitivity